Xcel Energy, Inc. [XEL] stock prices are down -0.87% to $62.91 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The XEL shares have gain 2.48% over the last week, with a monthly amount glided 7.80%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Xcel Energy, Inc. [NASDAQ: XEL] stock has seen the most recent analyst activity on August 26, 2024, when Argus upgraded its rating to a Buy but kept the price target unchanged to $68 for it. Previously, Wolfe Research upgraded its rating to Outperform on March 11, 2024, and kept the price target unchanged to $58. On March 11, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $54 on the stock. BofA Securities upgraded its rating to a Buy and increased its price target to $66 on October 06, 2023. Barclays initiated its recommendation with a Equal Weight and recommended $60 as its price target on August 24, 2023. BofA Securities downgraded its rating to Neutral for this stock on August 22, 2023, and downed its price target to $60. In a note dated June 21, 2023, BMO Capital Markets downgraded an Market Perform rating on this stock.
The stock price of Xcel Energy, Inc. [XEL] has been fluctuating between $46.79 and $64.25 over the past year. Currently, Wall Street analysts expect the stock to reach $68.67 within the next 12 months. Xcel Energy, Inc. [NASDAQ: XEL] shares were valued at $62.91 at the most recent close of the market. An investor can expect a potential return of 9.16% based on the average XEL price forecast.
Analyzing the XEL fundamentals
The Xcel Energy, Inc. [NASDAQ:XEL] reported sales of 13.80B for trailing twelve months, representing a surge of 0.46%. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.1 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.65.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 62.59 points at the first support level, and at 62.26 for the second support level. However, for the 1st resistance point, the stock is sitting at 63.49, and for the 2nd resistance point, it is at 64.07.
Ratios To Look Out For
It’s worth pointing out that Xcel Energy, Inc. [NASDAQ:XEL]’s Current Ratio is 0.97. On the other hand, the Quick Ratio is 0.86, and the Cash Ratio is 0.27. Considering the valuation of this stock, the price to sales ratio is 2.54, the price to book ratio is 1.95 and price to earnings (TTM) ratio is 18.80.
Transactions by insiders
Recent insider trading involved Prager Frank P, SVP, Strategy and External Aff, that happened on Aug 16 ’24 when 2041.0 shares were sold. EVP, Chief Operations Officer, O’Connor Timothy John completed a deal on May 20 ’24 to sell 17563.0 shares.
